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The fed was cutting rates and on track to continue until Trump threw a tariff grenade into the economy. They, like most businesses, decided they needed to see h
by matwood 1y ago
The fed was cutting rates and on track to continue until Trump threw a tariff grenade into the economy. They, like most businesses, decided they needed to see how the idiotic economic policy played out before doing anything else.
- nodesocket 1y ago[flagged]
- AnimalMuppet 1y ago> Literally none of the doom and gloom and TDS rhetoric has materialized. (Looks at labor statistics...) Um, maybe they have.
- hypeatei 1y ago> Literally none of the doom and gloom and TDS rhetoric has materialized How can you say that so soon when PPI and CPI numbers come out this week? The latest PPI report from July showed a 0.9% increase which was surprising. > massive inflow in capital into the coffers a.k.a. higher taxes that US citizens are paying.
- wredcoll 1y ago> For now, massive inflow in capital into the coffers, repatriation from US companies seems like a win. This is just idle curiosity, but what makes you come here and lie about stuff like this?